8.17 BTC, ETH Evening Position Strategy

Happy weekend friends, we closed our Ethereum long position for a profit last night, 140 points profit is quite comfortable. It's impressive to make over a hundred trades this weekend. We still hold onto the Bitcoin position with over 1000+ floating profit. Tonight our pending order strategy has changed, so stay tuned! We'll provide the levels at the end.

Key Levels:

$BTC : Resistance Levels 119000 / 119800 / 121100 / 122500

Support Levels 117500 / 116500 / 115500

$ETH : Resistance Levels 4600 / 4670 / 4770 / 4850

Support Levels 4480 / 4380

Entry Point Strategy:

BTC: Short near 119666, stop loss at 121000, target around 116666

ETH: Short near 4650, stop loss at 4720, target around 4530

The target for the Bitcoin long position is around 119500, which means taking profit while also entering to short. The new highs have been hard to maintain, and short-term volatility is certain. Large-scale fluctuations give us opportunities. At the tail end of the bull run, I hope all my brothers can make some money. That's all for today. Please follow for daily updates on BTC, ETH entry point strategies. We'll see you again tomorrow #BTC #ETH